Statement of Comprehensive Income for three months ended, Particulars (As per IFRS) In` crore, except share data Growth (%) Sep 30, Growth % Q3 13 over 2011 Q2 13 s 10,424 9,298 12.1 9,858 5.7 Cost of sales 6,566 5,288 24.2 6,102 7.6 Gross Profit 3,858 4,010 (3.8) 3,756 2.7 Operating Expenses: Selling and marketing expenses 541 451 20.0 506 6.9 Administrative expenses 640 660 (3.0) 653 (2.0) Total Operating Expenses 1,181 1,111 6.3 1,159 1.9 Operating Profit 2,677 2,899 (7.7) 2,597 3.1 Other Income, net 503 422 19.2 706 (28.8) Profit before income taxes 3,180 3,321 (4.2) 3,303 (3.7) Income tax expense 811 949 (14.5) 934 (13.2) Net Profit 2,369 2,372 (0.1) 2,369 0.0 Earnings per equity share Basic (`) 41.47 41.51 (0.1) 41.46 0.0 Diluted (`) 41.47 41.51 (0.1) 41.46 0.0 Statement of Comprehensive Income for nine months ended, (As per IFRS) In` crore, except share data Particulars 2011 Growth (%) s 29,898 24,882 20.2 Cost of sales 18,478 14,609 26.5 Gross Profit 11,420 10,273 11.2 Operating Expenses: Selling and marketing expenses 1,516 1,305 16.2 Administration expenses 1,937 1,836 5.5 Total Operating Expenses 3,453 3,141 9.9 Operating Profit 7,967 7,132 11.7 Other Income, net 1,685 1,252 34.6 Profit before income taxes 9,652 8,384 15.1 Income tax expense 2,625 2,384 10.1 Net Profit 7,027 6,000 17.1 Earnings per equity share Basic (`) 122.99 105.01 17.1 Diluted (`) 122.99 105.01 17.1 Page 1 of 8
Statement of Comprehensive Income for three months ended, Particulars (As per IFRS) US Dollars in million, except share data Growth (%) Sep 30, Growth % Q3 13 over 2011 Q2 13 s 1,911 1,806 5.8 1,797 6.3 Cost of sales 1,203 1,030 16.8 1,114 8.0 Gross Profit 708 776 (8.8) 683 3.7 Operating Expenses: Selling and marketing expenses 99 88 12.5 92 7.6 Administrative expenses 118 128 (7.8) 119 (0.8) Total Operating Expenses 217 216 0.5 211 2.8 Operating Profit 491 560 (12.3) 472 4.0 Other Income, net 92 82 12.2 129 (28.7) Profit before income taxes 583 642 (9.2) 601 (3.0) Income tax expense 149 184 (19.0) 170 (12.4) Net Profit 434 458 (5.2) 431 0.7 Earnings per equity share Basic ($) 0.76 0.80 (5.0) 0.75 1.3 Diluted ($) 0.76 0.80 (5.0) 0.75 1.3 Statement of Comprehensive Income for nine months ended, (As per IFRS) US Dollars in million, except share data Particulars 2011 Growth (%) s 5,460 5,223 4.5 Cost of sales 3,376 3,077 9.7 Gross Profit 2,084 2,146 (2.9) Operating Expenses: Selling and marketing expenses 277 275 0.7 Administration expenses 355 386 (8.0) Total Operating Expenses 632 661 (4.4) Operating Profit 1,452 1,485 (2.2) Other Income, net 308 266 15.8 Profit before income taxes 1,760 1,751 0.5 Income tax expense 479 498 (3.8) Net Profit 1,281 1,253 2.2 Earnings per equity share Basic ($) 2.24 2.19 2.3 Diluted ($) 2.24 2.19 2.3 Page 2 of 8
by Geographical Segment Sep 30, 2011 2011 North America 61.0 63.9 63.7 62.8 64.2 Europe 24.0 21.9 22.6 22.6 21.6 India 2.2 1.6 2.1 2.0 2.4 Rest of the world 12.8 12.6 11.6 12.6 11.8 Total 100.0 100.0 100.0 100.0 100.0 by Service Offering Sep 30, 2011 2011 Business IT Services 61.9 64.5 63.5 63.3 62.9 Application Development 15.8 17.0 17.0 16.7 16.6 Application Maintenance 20.0 21.4 21.8 20.8 21.9 Infrastructure Management Services 6.9 6.8 6.1 6.6 6.0 Testing Services 8.4 8.6 7.9 8.3 7.7 Product Engineering Services 3.2 3.4 3.6 3.4 3.2 Business Process Management 5.2 4.7 4.4 4.9 4.7 Others 2.4 2.6 2.7 2.6 2.8 Consulting, Package Implementation & Others 32.6 30.0 30.6 30.9 31.3 Products, Platforms and Solutions 5.5 5.5 5.9 5.8 5.8 Products 3.9 3.8 4.8 4.1 4.8 BPM Platform* 1.3 1.3 0.8 1.3 0.7 Others 0.3 0.4 0.3 0.4 0.3 Total 100.0 100.0 100.0 100.0 100.0 * Earlier shown under Business IT Services by Project Type * Sep 30, 2011 2011 Fixed Price 41.3 40.4 40.9 39.8 39.6 Time & Materials 58.7 59.6 59.1 60.2 60.4 Total 100.0 100.0 100.0 100.0 100.0 * Excluding products Page 3 of 8
by Industry Insurance, Banking & Financial Services Sep 30, 2011 2011 33.7 33.7 35.3 34.0 35.4 Banking & financial services 26.8 27.0 27.9 27.2 28.1 Insurance 6.9 6.7 7.4 6.8 7.3 Manufacturing 21.7 22.1 20.4 21.8 20.3 Retail & Life Sciences 24.1 24.0 23.1 23.7 22.6 Retail & CPG 16.0 17.0 15.2 16.4 15.4 Transport & Logistics 1.8 1.7 2.0 1.7 1.9 Life Sciences 4.8 3.9 4.1 4.1 3.8 Healthcare 1.5 1.4 1.8 1.5 1.5 Energy, Utilities, Communications & Services 20.5 20.2 21.2 20.5 21.7 Energy & Utilities 5.4 5.3 6.0 5.4 5.8 Telecom 9.6 9.9 9.8 9.9 10.7 Others 5.5 5.0 5.4 5.2 5.2 Total 100.0 100.0 100.0 100.0 100.0 Client Data Number of Clients Sep 30, 2011 Mar 31, Mar 31, 2011 Active 776 715 665 694 620 Added during the period (gross)^ 89 39 49 172 139 Number of million dollar clients* 1 Million dollar + 419 413 391 399 366 5 Million dollar + 209 205 193 190 187 10 Million dollar + 136 134 134 132 126 20 Million dollar + 81 82 80 79 73 30 Million dollar + 62 61 61 64 53 40 Million dollar + 50 52 48 50 41 50 Million dollar + 40 40 39 40 28 60 Million dollar + 34 32 27 28 24 70 Million dollar + 25 22 23 23 19 80 Million dollar + 20 19 17 17 15 90 Million dollar + 15 14 16 16 11 100 Million dollar + 12 11 13 13 11 200 Million dollar + 3 3 2 2 2 300 Million dollar + 1 1 Client contribution to revenue Top client 3.6% 4.0% 4.1% 4.3% 4.7% Top 5 clients 14.6% 16.0% 15.0% 15.5% 15.4% Top 10 clients 23.9% 25.4% 24.5% 24.6% 25.7% Repeat business 97.5% 98.2% 97.4% 97.8% 98.0% Account receivables-(in days) # 62 65 61 60 63 * (Last twelve months) s ^ including 36 clients from Lodestone for Dec # excluding Lodestone for Dec Page 4 of 8
Effort and Utilization Sep 30, 2011 2011 Effort Onsite 24.6 24.3 24.8 24.6 25.0 Offshore 75.4 75.7 75.2 75.4 75.0 Onsite 51.4 50.7 49.5 50.4 49.8 Offshore 48.6 49.3 50.5 49.6 50.2 Utilization Including trainees 70.1 69.6 69.9 68.5 69.5 Excluding trainees 73.2 73.3 77.4 72.8 76.2 Person Months Data Sep 30, 2011 2011 Billed Onsite 77,970 75,047 70,365 294,093 270,051 Offshore 238,595 233,228 213,756 903,739 809,813 TOTAL 316,565 308,275 284,121 1,197,832 1,079,864 Non Billable 115,826 112,171 83,073 447,837 337,268 Trainee 19,229 22,619 39,375 101,791 136,252 Sales & Support 26,643 25,222 22,984 100,092 89,425 TOTAL 478,263 468,287 429,553 1,847,552 1,642,809 Consolidated IT Services Effort - (Person months) Sequential growth % Sep 30, Sequential growth % 2011 Sequential growth % Year on Year growth % 2011 Year on Year growth % Onsite 73,603 3.7 71,002 4.4 67,917 1.4 279,072 7.8 258,787 17.4 Offshore 167,320 1.3 165,195 3.6 156,956 3.8 647,035 9.0 593,688 10.7 Total 240,923 2.0 236,197 3.8 224,873 3.1 926,107 8.6 852,475 12.7 ($ million) Onsite 952.71 7.5 886.35 4.8 876.23 2.8 3,540.63 6.5 3,323.93 21.6 Offshore 761.56 3.6 734.95 2.2 747.91 3.2 2,942.39 4.9 2,805.09 17.1 Total 1,714.27 5.7 1,621.30 3.6 1,624.14 3.0 6,483.02 5.8 6,129.02 19.5 Page 5 of 8
Employee Metrics (Nos.) Sep 30, 2011 Mar 31, Mar 31, 2011 Total employees 1,55,629 1,53,761 1,45,088 1,49,994 1,30,820 S/W professionals 1,46,250 1,44,752 1,37,174 1,41,788 1,23,811 Billable 1,34,660 1,32,341 116,157 1,24,953 1,09,026 Banking product group 7,460 7,677 8,086 8,139 6,220 Trainees 4,130 4,734 12,931 8,696 8,565 Sales & Support 9,379 9,009 7,914 8,206 7,009 Gross addition # 8,390 10,420 9,655 45,605 43,120 Of which lateral addition # 4,351 3,656 3,863 14,966 15,883 Attrition 6,522 7,810 6,389 26,431 26,096 Net addition # 1,868 2,610 3,266 19,174 17,024 Attrition % ()* 15.1% 15.0% 15.4% 14.7% 17.0% * Excluding subsidiaries # Including Lodestone Employees of 891 (of which 783 are laterals) for Dec Employee Metrics Subsidiaries (Nos.) Sep 30, 2011 Mar 31, Mar 31, 2011 Infosys BPO Limited consolidated 23,714 22,918 19,425 20,523 18,113 Infosys Technologies (Australia) Pty. Ltd.* - - 652 674 514 Infosys Technologies (China) Company Ltd. 3,066 3,047 3,233 3,092 2,765 Infosys Technologies S.De R.L. De C. V., Mexico 753 719 550 631 521 Infosys Technologies (Sweden) AB 6 7 12 11 13 Infosys Tecnologia DO Brasil LTDA 371 353 190 210 173 Infosys Public Services Inc. 179 186 28 33 - Infosys Technologies (Shanghai) Company Ltd. 55 58 25 31 - Lodestone Holding AG # 891 - - - - * Employees of Infosys Australia were transferred to Infosys Limited consequent to merger of its operations with the parent company # On account of acquisition of Lodestone, completed during the quarter Infrastructure (as on ) Completed Work in progress Land acquired Built-up area (Sq. Ft.) No. of seats Built-up area (Sq. Ft.) No. of seats during the Quarter (acres) Bangalore 45,42,894 31,583 2,25,000 2,030 4.53 Bhubaneswar 8,79,721 4,018 - - - Chandigarh 12,26,033 6,089 - - - Chennai 35,11,164 22,817 7,40,029 3,070 - Gurgaon 1,70,545 1,514 135,209 1,250 - Hyderabad 27,90,139 17,717 21,23,350 8,316 - Jaipur 4,52,139 4,337 - - - Mangalore 12,14,969 7,142 6,72,000 3,500 - Mysore (including ILI)* 93,49,259 12,383 21,44,535 3,864 - Pune 49,57,702 28,365 12,03,500 9,110 - Thiruvananthapuram 6,18,201 5,106 15,56,568 3,583 - Global Centers 12,10,725 12,307 10,000 120 - Total 3,09,23,491 1,53,378 88,10,191 34,843 4.53 *Infosys Leadership Institute Page 6 of 8
Subsidiaries Performance Standalone financial statements Subsidiaries (US $ Mn) Sep 30, 2011 Mar 31, Net Income Net Income Net Income Net Income Infosys BPO Limited consolidated 125.16 19.32 111.03 21.61 88.44 16.64 365.97 61.89 Infosys Technologies (Australia) Pty. Ltd.* 0.19 0.03 0.67 73.12 5.33 308.34 25.67 Infosys Technologies (China) Company Ltd 26.56 0.69 25.91 (1.57) 31.00 4.90 102.09 2.49 Infosys Technologies S.de R.L. de C V., Mexico 7.99 (0.06) 7.78 0.44 7.86 3.42 25.84 2.04 Infosys Technologies (Sweden) AB 0.22 (0.01) 0.37 0.01 0.49 (0.01) 2.12 (0.01) Infosys Tecnologia DO Brasil LTDA 4.80 (2.20) 6.47 0.10 2.57 (1.85) 14.34 (3.56) Infosys Public Services Inc. 26.80 (1.11) 24.88 (0.77) 9.83 (0.60) 38.92 (0.84) Infosys Technologies (Shanghai) Co Ltd 0.02 (1.65) 0.07 (0.38) (0.29) 0.03 (1.05) Lodestone Holding AG # 39.35 2.53 * Employees of Infosys Australia were transferred to Infosys Limited consequent to merger of its operations with the parent company # On account of acquisition of Lodestone, completed during the quarter Rupee Dollar Rate ( ` ) Sep 30, 2011 Mar 31, Mar 31, 2011 Period closing rate 55.00 52.86 53.11 50.88 44.60 Period average rate 54.55 54.85 51.37 48.10 45.54 Currency rates for USD: Currency Rate assumed in guidance Average rate for the quarter GBP 1.62 1.61 EURO 1.29 1.30 AUD 1.04 1.04 Page 7 of 8
Constant Currency Reporting Reported revenues Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 ($ mn) 1,806 1,771 1,752 1,797 1,911 Sequential growth % 3.4 (1.9) (1.1) 2.6 6.3 YoY growth % 13.9 10.5 4.8 2.9 5.8 Constant currency Q o Q Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 ($ mn) 1,823 1,767 1,763 1,794 1,902 Sequential growth (%) 4.4 (2.1) (0.4) 2.4 5.8 Constant currency Y o Y Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 ($ mn) 1,803 1,771 1,784 1,820 1,910 YoY growth (%) 13.8 10.5 6.8 4.2 5.8 Notes: Basis of computation 1. Foreign exchange rates are as per FEDAI. 2. Average rates for major global currencies: Average rate of USD Q3 12 Q4 12 FY 12 Q1 13 Q2 13 Q3 13 AUD 1.02 1.06 1.05 1.01 1.04 1.04 EURO 1.35 1.32 1.38 1.28 1.26 1.30 GBP 1.57 1.58 1.60 1.58 1.59 1.61 3. Proportion of revenues from major global currencies: by currency (%) Q3 12 Q4 12 FY 12 Q1 13 Q2 13 Q3 13 AUD 7.1 8.2 7.6 8.4 8.3 8.3 EURO 8.2 8.3 7.7 6.7 8.3 9.6 GBP 6.7 7.1 6.8 6.9 6.3 6.2 Q3 2013 Geographical segment growth North America grew by 1.6% both sequentially and in constant currency. Europe grew by 16.6% sequentially; and 14.4% in constant currency. India grew by 44.7% sequentially Rest of the world grew by 7.4% both sequentially and in constant currency. Industry segment growth FSI grew by 6.4% sequentially; and 6.0% in constant currency. MFG grew by 4.6% sequentially; and 4.0% in constant currency. RCL grew by 6.6% sequentially; and 6.2% in constant currency. ECS grew by 7.8% sequentially; and 7.1% in constant currency. Page 8 of 8